北京市盈科律师事务所 关于江苏灿勤科技股份有限公司 2025 年第二次临时股东会的 法律意见书 北京市盈科律师事务所 北京市朝阳区金和东路 20 号院正大中心 2 号楼 19-25 层 电话：8610-59689901 传真：8610-59689906 见证法律意见书 目录 | 一、 本次会议的召集 . | | --- | | 二、 本次会议的召开 . | | 三、 本次会议出席人员的资格 …………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………… 2 | | 四、 本次会议没有对会议通知中未列明的事项进行表决;没有修改列入会议议程的提案.3 | | 五、 本次会议的表决程序和表决结果 | | 六、结论意见 . | 见证法律意见书 北京市盈科律师事务所 关于江苏灿勤科技股份有限公司 2025 年第二次临时股东会的法律意见书 致：江苏灿勤科技股份有限公司 北京市盈科律师事务所（以下简称"本所"）接受江苏灿勤科技股份有限公司 （以下简称"公司"）之委托，委派本所律师出席了 ...

Market Overview - The communication equipment sector experienced a decline of 1.24% on November 4, with Dongtu Technology leading the drop [1] - The Shanghai Composite Index closed at 3960.19, down 0.41%, while the Shenzhen Component Index closed at 13175.22, down 1.71% [1] Stock Performance - Notable gainers included: - Meixin Technology (code: 301577) with a closing price of 67.90, up 9.13% [1] - Nanjing Panda (code: 600775) with a closing price of 12.55, up 3.89% [1] - Lian Te Technology (code: 301205) with a closing price of 118.23, up 3.17% [1] - Significant decliners included: - Dongtu Technology (code: 300353) with a closing price of 23.53, down 6.03% [2] - Sinan Navigation (code: 688592) with a closing price of 39.07, down 4.38% [2] - Canqin Technology (code: 688182) with a closing price of 25.16, down 4.19% [2] Capital Flow - The communication equipment sector saw a net outflow of 2.988 billion yuan from institutional investors, while retail investors had a net inflow of 1.729 billion yuan [2] - The capital flow for individual stocks showed: - Xinyi Technology (code: 300502) had a net inflow of 3.27 billion yuan from institutional investors [3] - Shijia Photon (code: 688313) had a net inflow of 2.18 million yuan from institutional investors [3] - Nanjing Panda (code: 600775) had a net inflow of 84.57 million yuan from institutional investors [3]

Core Viewpoint - Cankun Technology, a leading manufacturer of microwave dielectric ceramic components in China, has shown significant growth potential driven by new product launches and market expansion, particularly in the 5G-A sector [6] Group 1: Company Overview - Cankun Technology was established on April 9, 2004, and listed on the Shanghai Stock Exchange on November 16, 2021, with its headquarters in Suzhou, Jiangsu Province [1] - The company specializes in the research, production, and sales of microwave dielectric ceramic components, operating within the communication equipment sector and involved in various emerging technology fields [1] Group 2: Financial Performance - For Q3 2025, Cankun Technology reported revenue of 491 million yuan, ranking 30th among 36 companies in the industry, significantly lower than the top competitors [2] - The company's net profit for the same period was approximately 88.23 million yuan, placing it 17th in the industry, again trailing behind leading firms [2] Group 3: Financial Ratios - As of Q3 2025, Cankun Technology's debt-to-asset ratio was 15.10%, an increase from 13.43% year-on-year, but still below the industry average of 38.12%, indicating strong solvency [3] - The gross profit margin for the same period was 32.62%, up from 30.99% year-on-year, and higher than the industry average of 30.08%, reflecting robust profitability [3] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 35.65% to 12,300, while the average number of shares held per shareholder decreased by 26.28% [5] - New significant shareholders include Hong Kong Central Clearing Limited and Huatai-PineBridge Innovation Mixed Fund, while a previous major shareholder exited the top ten list [5] Group 5: Growth Prospects - Cankun Technology is expected to see rapid revenue and profit growth in 2025, driven by new product mass production and market expansion, particularly in the 5G-A and HTCC sectors [6] - The company anticipates a significant market opportunity in the ceramic dielectric waveguide filter segment, especially with the rise of low-altitude economy applications [6] - Forecasted net profits for 2025 to 2027 are projected at 104 million, 214 million, and 362 million yuan, respectively, with substantial year-on-year growth rates [6]

Investment Rating - The investment rating for the company is "Buy" and is maintained [6]. Core Views - The company is expected to experience significant growth in its main business of filters due to the capital expenditure from operators on 5G-A, with production capacity for HTCC anticipated to be released gradually in 2025. This will enhance the company's growth potential and improve the stability of future performance [2][4]. - The company's revenue and net profit have shown rapid growth, with Q1-Q3 2025 revenue reaching 491 million yuan, a year-on-year increase of 82.47%, and net profit of 86 million yuan, up 72.33% year-on-year. In Q3 2025 alone, revenue was 204 million yuan, reflecting a 151.38% increase year-on-year, with net profit at 34 million yuan, a 116.22% increase year-on-year [4][6]. - The gross margin for Q3 2025 was 34.62%, an increase of 3.19 percentage points year-on-year and 3.85 percentage points quarter-on-quarter, primarily due to changes in product structure and improved capacity utilization [8]. Financial Performance and Forecast - The company is projected to achieve a net profit attributable to shareholders of 104 million yuan, 214 million yuan, and 362 million yuan for the years 2025, 2026, and 2027, respectively, representing year-on-year growth rates of 80%, 105%, and 69%. The corresponding PE ratios are expected to be 98x, 48x, and 28x [2][8]. - The company’s revenue is expected to grow significantly due to the increasing demand for 5G-A base stations and the introduction of new products in the consumer electronics sector, which will also contribute to the overall growth [2][4].

Core Viewpoint - The company is preparing for its second extraordinary general meeting of shareholders in 2025, scheduled for November 6, 2025, to discuss various important matters including the revision of the company's articles of association and the adjustment of its organizational structure [9][39][42]. Financial Data - The third quarter financial report for 2025 has been approved by the board, confirming that it accurately reflects the company's financial status and operational results [33][36]. - The financial statements for the third quarter of 2025 are unaudited [3][6]. Shareholder Information - The total number of shareholders and the voting rights of preferred shareholders will be disclosed, with specific details on the top ten shareholders' holdings [5]. - The company will utilize both on-site and online voting methods for the upcoming shareholder meeting [10][12]. Meeting Details - The extraordinary general meeting will take place at the company's conference room in Jiangsu Province, with online voting available through the Shanghai Stock Exchange network voting system [9][10]. - Registration for the meeting will occur on November 5, 2025, with specific requirements for both corporate and individual shareholders [15][16]. Organizational Changes - The board has approved the cancellation of the supervisory board to enhance management efficiency, with adjustments made to the organizational structure [37][39]. - The company plans to expand its business scope to include the research, production, and sales of various electronic components and automotive parts [22][39]. Articles of Association Revision - The company intends to revise its articles of association to reflect changes in its business operations, which will require approval from the shareholders [23][39].

Core Insights - The company reported a significant increase in revenue and net profit for the third quarter of 2025, indicating strong financial performance [2] Financial Performance - The company achieved a revenue of 203,752,645.63 yuan in Q3 2025, representing a year-on-year growth of 151.38% [2] - The net profit attributable to shareholders was 34,323,702.37 yuan, showing a year-on-year increase of 116.22% [2]

Group 1 - The company, Zhanqin Technology, announced that its third board meeting will be held on October 20, 2025, to discuss organizational adjustments [1] - The meeting will review documents including a proposal for adjusting the company's organizational structure [1] Group 2 - The article emphasizes the need to shift funding focus from housing and infrastructure to more significant investments in the livelihood sector [1]

| | | 江苏灿勤科技股份有限公司 章 程 二零二五年十月 江苏灿勤科技股份有限公司 章 程 第一章 总 则 第一条 为维护公司、股东、职工和债权人的合法权益，规范公司的组织和 行为，根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民 共和国证券法》（以下简称"《证券法》"）、《上市公司章程指引》《上海证券 交易所科创板股票上市规则》《上海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》等法律法规及规范性文件的有关规定，制定本章程。 第二条 公司系依照《公司法》和其他有关规定成立的股份有限公司（以下 简称"公司"）。 公司由张家港保税区灿勤科技有限公司依法以整体变更方式设立；在江苏省 市 场 监 督 管 理 局 注 册 登 记 ， 取 得 营 业 执 照 ， 统 一 社 会 信 用 代 码 ： 913205927605187509。 第三条 公司于 2021 年 10 月 12 日经中华人民共和国证券监督管理委员会 （以下简称为"中国证监会"）注册，首次公开发行人民币普通股 10,000.00 万股， 股票于 2021 年 11 月 16 日在上海证券交易所科创板上市交易。 第四 ...

证券代码：688182 证券简称：灿勤科技 公告编号：2025-031 江苏灿勤科技股份有限公司 关于修订《公司章程》的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或 者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 江苏灿勤科技股份有限公司（以下简称"公司"）于 2025 年 10 月 20 日召开第 三届董事会第三次会议审议通过了《关于修订<公司章程>的议案》。现将有关情况 公告如下： 一、变更公司经营范围的相关情况 | | 修订后 | | --- | --- | | 修订前 | | | | 第十五条 经依法登记，公司的经营范围： | | --- | --- | | | 研发、生产、销售电子陶瓷元器件、组件、无 | | 第十五条 经依法登记，公司的经营范 | 线电通讯产品、卫星导航模组、集成电路芯片 | | 围：研发、生产、销售电子陶瓷元器件、组 | 及产品制造、集成电路芯片及产品销售、特种 | | 件、无线电通讯产品、卫星导航模组，自营 | 陶瓷制品制造、特种陶瓷制品销售、汽车零部 | | 和代理各类商品及技术的进出口业务（国家 | 件及配件制造、汽车零部件研 ...

证券代码：688182 证券简称：灿勤科技 公告编号：2025-030 江苏灿勤科技股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 会议召开时间：2025 年 10 月 30 日（星期四）下午 14:00-15:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 10 月 23 日（星期四）至 10 月 29 日（星期三）16:00 前 登 录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 canqindb@cai-qin.com 进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 江苏灿勤科技股份有限公司（以下简称"公司"）已于 2025 年 10 月 22 日发 布公司 2025 年第三季度报告，为 ...